Personalization Is Key to Creating a Paycheck in Retirement
Auto-features won’t work in the decumulation phase of defined contribution plans, says Shlomo Benartzi.
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Auto-features won’t work in the decumulation phase of defined contribution plans, says Shlomo Benartzi.
LIC New Pension Plus plan is suitable for young persons to make provisions for retirement. It can be purchased both online and offline.
This is a non-participating, Unit Linked, Individual Pension Plan which helps to build a corpus of systematic and disciplined savings which can be converted into regular income by the purchase of an annuity plan on completion of the term.
Just as you insure your home against the risk of fire and flood, so too can you insure another of your most valuable investments from risk: your retirement savings.